TRX has been performing great in the last few months. This was another eventful week for TRX. We have seen the token lose and then gain a substantial amount of value. Today we look back at the price movements of TRX over the last few days.
TRX has been experiencing a strong uptrend since August 2024, with its price doubling during this period. But recently, the trend slowed down. While many other cryptocurrencies is experiencing sigficant gain, TRX is pretty stable and just fluctuating. This week started with TRX slowly going up.
The week started with TRX trying to break the resistance at 0.28$, and also ended with it. TRX eventually broke through the resistance. But we did not see TRX jump after that as we expected. TRX was just above 0.27$ only seven days ago. After the fake break-out, it is now falling. TRX gained 1.3% value in a span of seven days. It is still below the resistance zone of 0.28$ where is got rejected two times. So, it needs to hold onto the support below at 0.27$ and break-though the resistance. Now, TRX is hovering around 0.277$.
All Screenshots are taken from Coingecko
No words from this article should be taken as financial advice.
0.000 SRY